PRESS DIGEST- New York Times business news - March 21

March 21 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.

- Walmart is expanding its e-commerce ambitions, and
has tapped a Jet executive to help it build new start-ups within
the company. Walmart announced on Monday that it had formed
Store No 8, an internal venture meant to hatch new online retail
businesses. http://nyti.ms/2nEN1YG

- Bank of America has poached a top rainmaker for
financial services companies from Morgan Stanley. Eric
Bischof, who helped advise the Federal Reserve Bank of New York
on matters related to the American International Group,
will join Bank of America as co-head of its global financial
institutions group, serving alongside Jim O'Neil in New York. http://nyti.ms/2mK8PNX

- The British government said on Monday that it intended to
formally notify the European Union on March 29 of its intention
to leave the bloc, putting the country on track to complete a
withdrawal by early 2019. http://nyti.ms/2mK7EOp
(Compiled by Parikshit Mishra in Bengaluru)